3 (also spline curve) Mathematics A continuous curve constructed so as to pass through a given set of points and have a certain number of continuous derivatives. Example sentences. 1  The data was therefore fit nonparametrically to a smooth curve using the Dierckx algorithm for cubic spline curve fitting.
Definition of Unearned Revenue in Accounting. Unearned revenue is the same thing as deferred revenue. In accounting, unearned revenue is a liability. It is a liability because even though a company has received payment from the customer, the money is potentially refundable and thus not yet recognized as revenue.
The balance sheet indicates the companyâs assets, liabilities and shareholdersâ equity. Unearned revenue appears on the balance sheet as opposed to the income statement. A companyâs unearned revenue account represents an obligation for the company to provide the goods or services to the customer who has already prepaid.